Samantha Hurst

Update: Honcho’s Latest Equity Crowdfunding Round Nears £1 Million in Funding During the Final Days on Crowdcube

Honcho’s latest equity crowdfunding campaign on Crowdcube is now nearing £1 million in funding. The UK-based insurtech launched the initiative last month with a mission to raise a minimum of £700,000. The company is offering 9.21% in equity at a £6,899,999 pre-money valuation. Honcho describes… Read More

Morgan Stanley Unveils New Brokerage Account “CashPlus”

Morgan Stanley announced on Thursday the launch of CashPlus, which is described as a new brokerage account that offers clients a “modern alternative” to banking. According to Morgan Stanley, the CashPlus Account replaces the Premier Cash Management program. The account offers two account types, the… Read More

Mastercard Announces New Global Intelligence & Cyber Center in Vancouver

Mastercard announced on Thursday its new Intelligence and Cyber Center. The center, which is located in Vancouver, Canada. is expected to expand the multinational financial services giant’s Canadian presence by creating and maintaining a total of 380 jobs, and accelerate innovation in digital and cybersecurity,… Read More

FIS Announces Payment Processing Expansion in Africa

FIS (NYSE: FIS), a financial services technology firm, announced on Friday it has expanded its payment processing in Africa. Through the expansion efforts, FIS will integrate technology from Flutterwave, a U.S.-based payments technology company with operations in Africa, into its Worldpay payment processing platform for… Read More

BitPay Joins Forces With Simplex to Make Mobile App An All-In-One Solution For Crypto Purchasing

Global blockchain payments provider BitPay announced on Thursday it has formed a fiat-to-crypto transaction platform Simplex to give Bitpay mobile app users the ability to purchase Bitcoin and other cryptocurrencies directly in-app using a credit card. BitPay reported that through the partnership users may now… Read More

India-Based Merchant Commerce Platform Pine Labs Scores Investment From Mastercard

Pine Labs, an India-based merchant commerce platform, has received a significant investment from multinational financial services giant Mastercard. According to Pine Labs and Mastercard, the investment is part of a partnership to continue the rapid growth of convenient electronic payment options for consumers across the… Read More

Update: Hycube’s Equity Crowdfunding Round Surpasses €1.2 Million in Funding on Seedrs

Hycube, a Germany-based renewable energy storage solution, has successfully secured more than €1.2 million in funding through its equity crowdfunding campaign on Seedrs. The company launched the funding round earlier this month and quickly surpassed its €1 million funding target and has so far attracted… Read More

MUFG Union Bank Debuts Real-Time Payments for Clients on the RTP Network

MUFG Union Bank N.A. announced on Thursday receipt of real-time payments is available for its corporate, commercial, and retail clients via the RTP network. The RTP network, which is operated by The Clearing House, notably provides instantaneous receipt of payments that increases payment certainty and… Read More

Cloud-Based Enterprise Technology & Capital Markets Software Solutions Vendor Beacon Platform Secures $20 Million Through Series B Funding Round Led By Centana Growth Partners

Beacon Platform, a cloud-based enterprise technology and capital markets software solution vendor, announced on Thursday it secured $20 million through its Series B funding round, which was led by Centana Growth Partners, with participation from existing investors, PIMCO and Global Atlantic. Founded in 2014, Beacon… Read More

UnionPay Teams Up With PayPal to Accelerate Digital Payments Growth

UnionPay International (UPI) announced on Thursday it has teamed up with PayPal (NASDAQ: PYPL) to accelerate the growth of their networks. According to UPI, PayPal has committed to supporting UPI acceptance globally where PayPal is accepted. Speaking about the partnership’s benefits, Jim Magats, Senior Vice… Read More

SoFi Joins Forces With Mastercard to Offer Suite of Products & In-Person Experiences to Nearly One Million Members

Fintech unicorn SoFi announced on Thursday it has formed a new partnership with offer a suite of products and in-person experiences to its nearly one million SoFi members. According to SoFi, the partnership will initially focus on the SoFi Money debit card, for which Mastercard… Read More

WorldRemit Announces New Global Remittance Partnership With Alipay

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Wednesday it has formed a new global remittance partnership with Alipay. According to WorldRemit, the collaboration will enable consumers to use the WorldRemit app or website for cross-border remittances to the Alipay… Read More

N26 Milestone: Digital Bank Celebrates Five Million Customers in Five Years

Digital-only bank platform N26 announced on Wednesday it now has more than five million customers who are banking on its platform around the globe. The company stated: “As we enter a new decade, we’re delighted to share some more fantastic news. N26 has reached another… Read More

Australian Digital Brokerage Platform Stake Launches UK Beta

Australia-based digital brokerage platform Stake announced this week it has officially launched its UK beta operations.  Founded in 2017, Stake claims it democratizes global share markets to bring the “world’s largest and most dynamic” market to the rest of the world. “We believe brokerage is… Read More

UK Online Mortgage Broker Trussle Raises £7.5 Million Through Latest Round of Funding

UK-based online mortgage broker, Trussle, announced on Wednesday it has raised a further £7.5m in funding as it continues its technology expansion. Trussle revealed that the investment includes funding from a new investor, the Dutch-based Rabo Frontier Ventures (RFV), alongside existing investors, Goldman Sachs Merchant Banking… Read More

Royal Bank of Scotland Debuts £7 Million Fund to Support Scottish Organizations & Communities

The Royal Bank of Scotland recently announced it has launched a new £7 million program to help support communities and organizations across Scotland. The banking group reported that the Royal Bank 300 Fund has been set up to mark the bank’s 300th anniversary in 2027… Read More

UK Working Capital Fintech Demica Raises $30 Million Through Series C Funding Round Led By Simcah Management

Demica, a UK-based company that provides working capital solutions to a wide range of major corporations and financial institutions, announced on Wednesday it secured $30 million through its Series C funding round, which was led by Simcah Management LLC. Founded in 1992, Demica revealed it… Read More

DNA Extraction Kit Genobank.io Is Now Seeking Funding on Republic

Incognito and encrypted DNA extraction kit brand, Genobank.io, has launched a crowdfunding campaign on Republic. The company successfully raised its minimum $100,000 funding target. Founded in 2014, Genobank.io’s kits notably enable users to establish ownership & control of their genomic data using a decentralized blockchain-based… Read More

UK Fintech Liberis Secures £32 Million in Funding Through Latest Investment Round For U.S. & Europe Expansion Efforts

Liberis, a UK-based fintech, announced on Wednesday it secured £32 million through its latest investment round as it prepares to expand its services in both the U.S. and Europe. This new investment comes less than two years after Liberis received £57.5 million in combined funding… Read More

Update: HOP Vietnamese’s Crowdcube Round Surpasses £1.1 Million in Funding

HOP Vietnamese, a UK-based fresh food concept that is on a mission to showcase a “passion” for Vietnamese colorful food, culture, and street atmosphere, has successfully raised more than £1.1 million through its equity crowdfunding campaign on Crowdcube. The funding round was launched earlier this… Read More

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